Risk losses | Insurance Insider US

Over 30 years after the Northridge earthquake, quakes have fallen out of market discussions.

One avenue for capital freed up by a softer-than-expected renewal could be more M&A.

MGAs going public is now a viable option, but dominating a market comes first.

Despite a softening market, underwriters were still able to attain up to 10% above technical pricing.

With property getting more competitive, FM pursued an opportunity for growth in E&S with Velocity.

Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.

The MGA began offering US commercial E&S property products in December.

The executive said inflation isn’t completely gone but is now “more understood”.

The credit can now be applied to mitigation against operational losses.

While attritional losses were up for the quarter, those in the carrier’s core business declined.

The NFIP expiration and a successful Neptune IPO got attention, but some reinsurers moved earlier.

Selective’s CEO earlier attributed Q3 adverse development to the NJ market.